Buy, Sell or Hold: WSP Global Inc. (WSP-T) — Stock Predictions at Stockchase

TSE:WSP

164.82

0.69 (0.42%) 1d

Showing 1 to 15 of 139 entries

BUY on WEAKNESS

Continues to like it. It's doing well. Buy this only on pullbacks at $170. Likes this space and WSP is well-positioned. Strong balance sheet. They have room to make more strategic buys. They grow organically and through M&A.

Business Services

PAST TOP PICK

(A Top Pick Nov 12/20, Up 105%) Took some profits about a month ago, but remains a core holding. Used their equity issue to make a great acquisition of Golder. All end markets have strong demand. Very strong balance sheet. Expanding geographically. Very well managed.

Business Services

COMMENT

STN-T vs. WSP-T. STN-T is a name he holds since 2015. It went through a consolidation phase and then has done quite well. They are making inroads into the environmental space. STN-T would be his preference.

Business Services

COMMENT

Both companies are fine. If you want to play the infrastructure bill, then he would look at PAVE instead of WSP or STN. PAVE is a good way to play on a diversified basis.

Business Services

PARTIAL BUY

She likes their near- and long-term prospects. WSP shares have done well in the past year. They made key acquisitions in the environmental space. Good balance sheet and strong ESG score. She trimmed her position in recent months, but she still likes this. It's a well-run company in a good business.

Business Services

WEAK BUY

Solid price momentum. PE is around 45x, so it's not cheap. They beat their recent quarter. Okay payout ratio and stable share price.

Business Services

HOLD

SNC is starting to get their house in order, winding down all construction projects to focus on design and services. SNC trades at a discount, but she wants more consistent execution before she invests. She owns WSP instead.

Business Services

COMMENT

All infrastructure stocks will do well. He's been looking at WSP. He prefers the valuation of Stantec, though. WSP is well run, but the PE is anticipating projects coming in sooner than likely to happen. Governments have delayed infrastructure projects in the past, so keep that in mind. If you own this, hold on. This will be fine long term.

Business Services

PAST TOP PICK

(A Top Pick Jul 16/20, Up 80%) Won't buy it at the current $150. Happy to hold it. They grow organically and by acquisition. They bought a leading environmental consulting firm in December which is going well. WSP is in infrastructure, an attractive space due to government spending (i.e. US). The balance sheet remains strong. They will continue to buy companies with geographic diversity.

Business Services

HOLD

Engineering companies have tailwinds of government and infrastructure spending. He prefers SNC and especially NOA, which has a good backlog and a low valuation.

Business Services

PAST TOP PICK

(A Top Pick Jun 24/20, Up 76%) Recent acquisition going well. Strong balance sheet. Grows through acquisition and organically. She'd commit new money in the $130 area. Will do well, especially with the US infrastructure bill.

Business Services

BUY on WEAKNESS

It reported a strong quarter last week, and they just completed an acquisition. The stock popped 9% on that quarter. She likes this long-term. Buy below $130. It's well-positioned in engineering and design.

Business Services

TOP PICK

Have been adding to it since last June. Grows by acquisitions and organic growth. Global in nature. Latest acquisition was in environmental design and consulting firm which will have good growth. The balance sheet remains solid and allows for more acquisitions. Half of the business is in infrastructure and could benefit from Biden's infrastructure plan. (Analysts’ price target is $130.38)

Business Services

BUY

It trades at a premium, but there's a reason for that. Good track record, recent acquisition will lead to growth opportunities, leveraged to environmental services that will be a tailwind for the next decade.

Business Services

BUY

Their recent acquisition positions them as a leading environmental consulting firm. Right now, it is trading at 27x 2022 earnings. However, they are modelling 33% EPS growth. On a price to growth basis, it is a compelling name. You can still enter at these levels.

Business Services

Showing 1 to 15 of 139 entries

WSP Global Inc.(WSP-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 11

Stockchase rating for WSP Global Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

WSP Global Inc.(WSP-T) Frequently Asked Questions

What is WSP Global Inc. stock symbol?

WSP Global Inc. is a Canadian stock, trading under the symbol WSP-T on the Toronto Stock Exchange (WSP-CT). It is usually referred to as TSX:WSP or WSP-T

Is WSP Global Inc. a buy or a sell?

In the last year, 11 stock analysts published opinions about WSP-T. 9 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for WSP Global Inc..

Is WSP Global Inc. a good investment or a top pick?

WSP Global Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for WSP Global Inc..

Why is WSP Global Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is WSP Global Inc. worth watching?

11 stock analysts on Stockchase covered WSP Global Inc. In the last year. It is a trending stock that is worth watching.

What is WSP Global Inc. stock price?

On 2022-01-27, WSP Global Inc. (WSP-T) stock closed at a price of $164.82.

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